Answer:
Decrease by $30,000
Explanation:
Cost to buy = 15,000 * $34
Cost to buy = $510,000
Note: Since Ortega is buying 15000 units at $34, the $40,000 avoidable cost on fixed manufacturing overhead is non-applicable.
Cost of making = $150,000 + $240,000 + $90,000
Cost of making = $480,000
So, if Ortega purchases the component from the supplier instead of manufacturing it, the effect on income would be decrease by $30,000 ($510,000-$480,000).
Currently I am a family team member and over the summer I’m hoping to get a job at a local super market to start making money for myself
Take the $8,000 for the total of aunnity receiving and the 3 year interest rate of aunnity as you will multiply.
8,000 x 3= 24,000
Then once you have that amount of aunnity, what if the 10% was added up to the increase of aunnity receiving.
So, you have to divide the total amount of aunnity and 10% increase chance of having amount of aunnity received.
24,000 ÷ 0.10 <-----(always put the 0.10 for a decimal NOT 10)
24,000 ÷ 0.10= 240,000
YOUR ANSWER IS 240,000 of how much did this person received a aunnity.
Answer: d. mike cannot disaffirm because he has already ratified the contract
Explanation:
When signing deals it's important to consider long term, this helps to make the best decision in any and most scenario. Most deals signed too cannot be reversed or change or adjusted because it'll affect the policy of the organization and won't be health for them. Mike has agreed to buy a property through a spread payment plan, changing the deal now after some years will not be possible as it distorts the plan intially agreed and goes against the policy of the organization selling the home.